Everyday is a new life for a wise person.

June 7, 2016

Embrace the boring

Embrace the boring

Boring companies don’t make for interesting cocktail party stories. But what many successful investors have found is that companies in less exciting industries often produce excellent long-term returns, which is the principal goal for retirement investors. Think slow and Easy wins the race, Ariel Capital, has become a global leader. Investors who put $1,000 into Ariel Capital stock in 1986 and reinvested their dividends would have more than $32,000 today. By being the best in their business, boring companies often provide better rewards to their shareholders than do high-flying upstarts